Frontier Investment Mgmt Co. Decreases Holdings in Dollar Tree, Inc. (DLTR)

Frontier Investment Mgmt Co. reduced its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,540 shares of the company’s stock after selling 720 shares during the quarter. Frontier Investment Mgmt Co.’s holdings in Dollar Tree were worth $4,780,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Exane Derivatives purchased a new stake in Dollar Tree during the fourth quarter worth approximately $104,000. Cerebellum GP LLC purchased a new stake in Dollar Tree during the fourth quarter worth approximately $127,000. Advisory Services Network LLC grew its stake in Dollar Tree by 0.6% during the second quarter. Advisory Services Network LLC now owns 1,924 shares of the company’s stock worth $135,000 after buying an additional 12 shares during the period. FTB Advisors Inc. grew its stake in Dollar Tree by 249.2% during the fourth quarter. FTB Advisors Inc. now owns 1,390 shares of the company’s stock worth $149,000 after buying an additional 992 shares during the period. Finally, Integrated Investment Consultants LLC purchased a new stake in Dollar Tree during the third quarter worth approximately $150,000. Institutional investors own 91.50% of the company’s stock.

DLTR has been the subject of several analyst reports. Jefferies Group restated a “hold” rating and issued a $85.00 target price on shares of Dollar Tree in a research note on Tuesday, October 31st. Zacks Investment Research upgraded shares of Dollar Tree from a “hold” rating to a “buy” rating and set a $105.00 target price for the company in a research note on Wednesday, November 8th. JPMorgan Chase & Co. restated a “buy” rating and issued a $118.00 target price on shares of Dollar Tree in a research note on Friday, November 3rd. Raymond James Financial set a $124.00 target price on shares of Dollar Tree and gave the company a “buy” rating in a research note on Thursday, December 7th. Finally, BidaskClub downgraded shares of Dollar Tree from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 14th. Eleven analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $106.31.

In other Dollar Tree news, insider David A. Jacobs sold 9,192 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $99.80, for a total transaction of $917,361.60. Following the sale, the insider now directly owns 13,199 shares of the company’s stock, valued at $1,317,260.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas A. Saunders sold 33,750 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $106.34, for a total transaction of $3,588,975.00. Following the sale, the director now directly owns 2,332,294 shares in the company, valued at $248,016,143.96. The disclosure for this sale can be found here. Insiders sold 143,132 shares of company stock worth $14,679,180 over the last ninety days. 2.90% of the stock is currently owned by corporate insiders.

Shares of Dollar Tree, Inc. (NASDAQ DLTR) opened at $107.96 on Monday. The stock has a market cap of $25,596.94, a price-to-earnings ratio of 25.70, a P/E/G ratio of 1.40 and a beta of 0.71. The company has a quick ratio of 0.28, a current ratio of 1.95 and a debt-to-equity ratio of 0.91. Dollar Tree, Inc. has a twelve month low of $65.63 and a twelve month high of $116.65.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Tuesday, November 21st. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.11. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.28 billion. Dollar Tree had a net margin of 4.63% and a return on equity of 18.04%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share. equities analysts predict that Dollar Tree, Inc. will post 4.89 EPS for the current fiscal year.

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Dollar Tree Profile

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

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Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

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